.NMO-UTH BAPTIST CHURCH Making jesus Known MONMOUTH BAPTIST CHURCH ANNUAL REPORT AND ACCOUNTS January- December 2024 11 CONTENTS Pages Reference and Administrative Details Structure, Governance and Management Objectives and Activities Achievements and Performance Church Activities Church Groups and Ministries Financial Review Independent Examiner Report Financial Statement 6-13 14-15 16-17 18 19-27 MONMOUTH BAPTIST CHURCH Trustees. Annual Report 1 January to 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY Charlty Name: Monmouth Baptist Church Charity's Reg18t•r•d Addr•s8: Monk Street, Monmouth, Monmouthshire, NP25 3LR Charlty Reglstratlon Number: 1180772 Trust•O8: The Revd Jonathan Greaves (Pastor) The Revd Bert Weenlnk (Associate Pastor) Mr Davld Adams (Secretary) (appointed May 2022) Mr Cllve Wiggins (Treasurer) (appolnted May 2022) Ms Ellzabeth Alderson (appolnted May 2024) Mr Alan Cochran (appolnted May 2022) Mrs Helen Hopkins (appointed May 2024) Mr James Endlcott (appointed May 2023) Mr Rlchard M¢Lachlan (appoSnted May 2023) Mr Mlchael North (appointed May 2023) Mr Cllff Vandervelden (appointed May 2022) Property Trusta•$: The Bapt18t Unlon Corporatlon Limlted Baptlst House, 129 Broadway, Dldcot. Oxfordshlre OX11 8RT Bankors: Barclays Buslness Banklng, Leicesler LE87 2BB United Trust Bank, 1 Ropemaker Street, London EC2Y 9AW Monmouthshlre Bullding Soclety, John Frost Square, Newport NP20 1 PX Independent Examlner: Ms Joanna Roderick, W J James & Co., Brecon LD3 7DG Annual Report for 1 January- 31 December 2024: The trustees present their Annual Raport and Financlal Slatements for the perlod 1 January - 31 December 2024. STRUCTURE, GOVERNANCE AND MANAGEMENT 'The Church, Means members of the charitable unincorporated association known as MONMOUTH BAPTIST CHURCH. The Charity is govemed by an Approved Govemlng Document. namely the Church Constitution, which was adopted on 12 Augusl 2018 and slightly revlsed on 12 February 2019 and 14 September 2021. Members of the Church are accepted In accordance with the Constltution, whlch requSres them to have been publlcly baplised on the profession of faith in Jesus Christ. The Church Members, Meeting nomally takes place five times a year and has responsibility for the overall policy of the Church. In accordance wlth the Constitution the members appoint Deacons, who together with the Pastors, Secretary and Treasurer (who are also appointed by the Members) make up the Trustees of the Church and are responslble for the day to day running of the Church's work and witness, and the financial and legal aspects of the charty. All members are encouraged lo take an approprfate part in the splrltual arKI practlcal tasks Involved In the furtherance of the charltable objective. The Secretary, Treasurer and Deacons are appolnted for an Inltlal three-year perlod, ard they are ellglble for re-appolntment after every three-year tenn. New Trustees are made fully aware of the requlrements of the role, are referred lo guldance provlded by the Charity Commission and the Baptlst Unlon on the role of Trustees, and are advised and supported in their role by the Pastor8 and Secretary. All Trustees have received Safeguarding tralnlng. A number of Trustees have seNed in this role for many years, and 80 have galned 81gnlflcant experlence in carrying out the role. Relevant matters may be submitted to Ihe Church Meeting by the Trustees for guldance, or may be raSsed by members in Church MeetSng for further conslderatlon by the Trustees. Though the Const5tutlon pernilts decislons to be made at Church Meetlngs by approprlate majorlties, the Church Seeks to work by consensus wherever posslble. OBJECTIVES AND ACTIVITIES The prfnclpal objectlve of the charity is the advancement of the Christian faith according to the principles of the Baptlst denomination. to include the advancement of education, community servlce and such other general charitable purposes In such parts of the Unlted Klngdom arKI the world as the Church shall detemine. The Church's alm Is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord: "Knowing Jesus Better, Making Jesus Known" The Church's strategy is to achieve this aim through the provlsion of a variety of activities both to its membershlp and to the wider communty. To pursue our strategy and achieve our aim, we seek with God's help to be prayerful and Bible- believing. growlng more like Jesus. and passk)nate to share the good news of the gospel. Central to the work and witness of the Church Is the provlslon of regular public services of Christlan worship. These services tske place each Sunday at both 10.30am and 6.30pm. There are also occasional services at other tlmes which are advertised on the Church Notlce Board, weekly news-sheet, soclal media, and the website at w￿￿.mOnrnOUIhba tistchurch.o .uk. There is a full children's programme during the morning seniices. The Church seeks to be a frfendly and welcomlng community and anybody is free to attend any of the services. The Church runs a serles of Small Groups for the growth of faith arKI discipleship in the homes of some members, and further details of Ih&8e can be obtained from the Trustees on request. or at the Sunday services of worship. From time to time the Church runs courses for people interested in discovering more about Christianty. for example 'Christianity Explored, and .321,. The Church runs various activities during the week, some aimed at particular ag￿rOUpS and others open to everyone. For example. activitses for children include 'Footprints Parents and Toddler Group, which meets in the Church premises on Wednesday momings with the purpose of assisting the communty and demonstrating the love of Jesus Christ. the 'Links Youth Group, which meets on a SurKlay evening: and mentoring of youNJ people. Activities for older people include 'Songs of Praise.. alongside pastoral care and wcial groups. Other activities. to which all ages are inviled, include Tuesday Coffee,, The Art Fringe, and various social and sports activities. The Church also supports a ministry in Io(31 schools, and supports the rural churches around MonThuth. particularty through partnership with Norton and the Rural Churches fellowship. The Pastors lead some of these activities, Ixrt aside from this, all of the activities are led and supported by members arKI friends of the Church, working on a voluntary basls. As a Church we recognise that safeguarding all children. wung people and vulnerable adults at risk is everyone's responsibilty, and we take this seriousty. The Church operates systems to ensure that all people wotktng wtth children. young people and vulnerable adults are appropriately trained and vetted wilh regard to the Disck)sure and Barring ServrE. The Church has read the Charity Cornmission gUKlan￿ on public benefft and is satisfied that the activitles outlined at)ove clearfy demonstrate that the chaiity is provKling a benefft to ttr public. ACHIEVEMENTS AND PERFORMANCE The Church does not measure the Su￿sS of its pn)grammes only in numbers, Indudlng financial numbers. but also in less tsngible areas such as fellowship and encouragement. The Trustees recognise that th&se are difficult to measure. but believe that 2024 was a positlve year in the life of Ihe Church in these arKI other areas. During the year two people We￿ baptised. One member died arKI one transferred to ar￿ther church. At 31 December 2024 the membership stood at 57. Our Annual Report demonstrates the enthusiasm and fxmmitment of our Church volunleers to pursue our primary aim of'knowing Jesus better and making Jesus known.. We are encouraged that vrfe have continued to see the congregation grow in all age groups. and have wider contact with the communty th￿ughoUt the year. The average attendance at the Sur¥Jay moming service is around 100. During the year we have run a number of "Passion for Life" meetings to help people engage vthh or explore the Christian faith. induding special guests in March: Professor Stuart Burgess, ex-footballer Ktistian Dimond. and comedian Steve Legg. We have supported people in their faith through men and women's study groups and other small group meetings. During the year we contrlbuted to the Baptist Union consultation on changing the ministerial rules and were glad to see the national outcome, though it did rdise questions for us about the wider Union. In the fellowship we have supported brothers and slsters in the last days of their lives on earth and prayed for and encouraged their families, including Ed Hall, Gill Ma￿y. and Gisela M'caw. Members of the fellowshlp We￿ also glad to be a part of Weddings thal took place away from Monmouth but wlth friends who were part of the fellowshlp Including Carollne Swartz to Jacob, and Morgan Britton to Sarah. We have been very glad to have had Morgan's ministry among us. and prayed for him, saying farewell as he and Sarah began marded1Sfe together in North Wales. We were al80 sad to Say farewell to the Swartz family who left Monmouth to establish a new church In Prlncetown, America. We prayed for both families and gave leaving glfts to commemorate thelr tlme here. We have, however, been delighted at the end of the year to increase Bert Weenink's time sepilng wlth us, wlth hlm taklng on a new role as Assoclate Pastor. Our regular mlnistries are Ilsted below, bLrt are comblned wtth a focus on the splrltual and emotlonal wellbelng for people In our communSty. Prayer and worship are especially proven to be of personal benefit. We have also helped people find farth In Jesus and express it In baptS8m, and this year saw Julla and Hayley go through the waters. A hlghllght of the year once agaln was the free Hollday Club for prfmary age chlldren which was run through Wednesdays in the summer thls year on the theme of David. 40-50 chSldren came lo al least one sesslon. Many volunteers from the church make this posslble. Our bulldlng has also supported the communSty Indlrectly by belng avallable to outside group8, thls year offedng the Mayhem Youth Theatre a venue to rehearse whSle thelr usual location was refurblshed. A funeral, and communlty groups, have also used our building. We have also supported local churches wlth some outreach semlnars at Gapway, moderating for Ewyas Harold, Blble Studies at Pandy, and our regular partnershlp In mlsslon with Norton. We have also partnered wlth local churches for the Easter Experience and wlth regbonal churches for Joint-youth events. We look foNrfard lo contlnu5ng to serrfe the Lord and our commun5ty krnwlng Jesus better and making Him known In 2025. Jonathan Greaves CHURCH ACTIVITIES The reports below provide more detail on some of the Church activities held during the year. Actlvities for Chlldren Youn Peo l• and Famllles Brlgade Brigade started In 1967 and very sadly in 2024 we took the declslon to close, havlng involved four generatlon and close to 800 girls. Our aim was to teach what it is to have Jesus in their lives, wlth the message in many fonms, includlng singing, poetry, actlng, prayers and uslng the BSble to encourage them to read about God, as well as actlvltles such as sewlng, knltting, crochetlng and many crafts. Friendship has also been a very big part of belonging to Brlg8de, wlth girls from dlfferent schools and backgrounds to be one family. We thank Ihe Lord for all the years of guldlng us In all that VK have done., nothlng would have been posslble with him. Michelle Fuller Footprlnts Al the start of 2024 Footprfnts numbers were a bR smaller than usual, potentlally due to the roadworks and closed roads Monmouth, maklng travel dlfflcult for many, Including young families. However, numbers have Increased agaln, and each Wednesday momlng from 9:30- 11:30 a group of around 10-15 families join us In the Centenary room for a Bible based cr8ft, toys, homemade cake. quallty Coffee, and story and song time most often led by Jonathan. We've completed our serles from Falth In Klds on God saved... and Jesus cares for... and In September we started a new serles based on The Baby Book Story BSble. Parents and carers 8tlll speak very highly of our toddler and baby group, and we have a large group of around 20 regular families (plus new vlsltors every few weeks), who are friendly. sing along to our Christian songs, and with whom we occaslonally have deeper Chdstlan conversatlons. Our team has changed with Morgan's departure 5n September, and slnce the Autumn we have loved Mlke North and Chrls Dennison arrlvlng early to help sel up, followed by Ruth Blngle, Rachel Smith. Kate White. Jonathan and myself, In November. we hosted our first Dlnner with DIscu8slon In my home, where 8 mums came to chat and Jess Bond prompted a discusslon about peace and anxiety. We hope to have more of these dinners arKI please join us Sn praylng for more gospel opportunltles In our discusslons on Wednesday momSngs. Jo Walker LINKS Youth F•llowshlp Links Youth Fellowshlp, an ecumenical Christian outreach in Monrnouth, continues to sepie current members from Monmouth Baptist Church, St Mary's Church, and non-churchgoers, Our attendance has increased due lo members inviting frfends, and the group currently Includes young people from local schools and colleges, spannlng year groups 7-13 (ages 11-18). As written In our constitution, Llnks exlsts: To provide a Biblical Christian ministry to the youth communty of Monmouth and the surrounding area: To actively share the Chtlstlan message makSng the gospel of Jesus Christ known lo young people; To provide Christian links amongst young people from amongst the Monmouth churches; To foster fellowship and frlendshlp amongst young people of all backgrounds, whether having a Chrlstian faith or not: To be a safe place where young people can explore and discuss questions of falth. At the end of the year we moved to a new location, as use of Monmouth PrEory became untena- ble due lo proposed charges from St Mary's Church. Although the move was bittersweet as the Priory had been our venue for 25 years, the group quickly adapted to the more intimate setting, wlth a wam welcome extended by Monmouth Baptist Church and a hol chocolate machine be- Ing a hitl Communication continues via a WhatsApp group for members and parents. The leadership team currently Includes Olivia and Richard McLachlan, Amanda Endicott, Cat Barker. and Morgan Britton (who recently moved to North Wales). The group has explored themes like "Questions Jesus Asked" and the Speak Lrfe 321 Course, generating thoughtful discusslons. Additlonal talks and support have come from various contributors, Includlng Chrls and Jo Walker, Jonathan Greaves. lan Roberts, Alan Cochran. and Jim Aston. Actlvltles have ranged from sports and crafts to outlngs Ilke Ice skallng In Cardiff and hosting a contemporary carol servlce. Llnks Youth Fellowship has also engaged In outreach, Includlng sharing gospel Snvltatlons at the skate park and offering mlnce ples al Christmas alongside the SOS team. We are pleased to encourage a young person who Is to be baptised Soon, markSng a slgnlficant mllestone In hls faith Joumey. The group appreciates continued prayer8 arKI support as these young people grow In thelr walk with Jesus. Ollvia and Richard McLachlan Sunday Club Sunday Club contlnues to be a wonderful group of Chlldren and leaders who meet each Sunday moming, and v￿'re grateful for each child that comes and for each leader who IS 5nvolved. We begin our sesslon altogether wlth an Assembly (a couple of songs and pr8y8r) and then splSt Into Creche (back upstsirs in the foyer, 1-2 chlldren), 8eglnners (up to 12 chlldren, nomially around 8) and Juniors (up to 15 chSldren, normally around 10). We contlnue to follow the Cllck materlal, bought from The Good Book Company and have been following the first three unlts agaln thls calendar year. We have a fab team of leaders: Jeff Bowman, Chrfs Walker and new leader Jess Gunn followlng Katie Swartz's departure, for the Junlors. and Hayley Calllcott, new leader Flona Beber as Tamsin Empett stepped down, and myself in the Beginners. Mand Endicott teaches each group once a term. We have eleven people on our Thlrd and Fourth Adult rota (Barbara, Charlotte, Eileen. Emma, Mlchelle. Rachael A, Rachel L, Ruth B, Ruth F, Sam C, Sophla), one adult for each group to help supervlse. do toilet runs and clear away! As of the summer, all leaders now wear purple named lanyards to identify to the children and adults who is responsible and direct questions to. We pray these groups give the children firm foundations of falth and are taught and inspired to know Jesus personally. Jo Walker Work In Schools We contlnue to maintain our contact and mlnlstry to schools. We run regular school clubs for explorlng the Bible, through Lego especlally. Monday assemblles and the Open Ihe Book team have been augmented following Morgan's departure. We serve all local primary schools and the Independent Schools. A new addition was the "It's Your Move" group at Osbaston for year 6 students preparing for secondary school, and we renewed support for ICE Wales local schools, rker. Stephanle Prfj￿. Actlvltles for adults The Art Fringe The Art Fringe continues to achieve its primary outreach alm, to attract people who want to be crealive or partake in creative actlvltles Inslde and o(tside of the church community. A key aspect of our goal is to attract those in the 'fringes' of our Christian communty into a space within the church which is a hub of social activity. Our other key aim is providing a therapeutic outlet to those who are looking for a time where they can meet Ilkemlnded creatives and relax, losing themselves In the art that we do or partaking in our fellowshlp and Chrfstian cultu￿. We have a number of people from the church who regularly attend. We have 6 people who are not Christian. but come every week and are positlve advocales of our sessions to the rest of the community. They occasionally brtng vlsltors or frlends with them to experience The Art Fringe and we get very good feedback about what we do and the welcomlng atmosphere of the club. In all we number on average 14 regular attendees. The Art Fringe advertises and places the photographs of artwork produced on Facebook and Instagram. In addition, with consent, we post pictures of participanls, engagement with each other and the 'in the process of creating. which all goes to promote the club. See htt s:1I￿￿.theartfrIn e.comlaboLrt and htt s:1 .insta ram.comltheartfrin el?hl-en The club Is non-profit making and we are contlnulng to run effectlvely on the weekly £3.00 subs donation by attendees. We are now working on our next art project for International Women's Day (IWD) 2025 whlch has a two-fold approach to tackling this year's theme, #Accelerated Action. S'.1￿.theartfr￿n e.coml Flrsty, through art we are seeklng to ampllfy and celebrate the voices of women: female, daughter, mother, slster, aunt, friend, dlsclple, follower, leader, Through the Eyes of Women (our exhlbltlon tltle) we ask, what does falth mean to you as woman In a modern v￿r1d7 As part of that 'brief we posed a series of que8tion8.' What is faith? What questlons do you have about faith? Does falth mean anything to you or nothlng? l)0 you have a faith or bellef system? Does it insplre you, move you, anger you, threaten you, glve you hope, glve you none, glve you evefythlng? Are there Blbllcal characters that help or hlnder fatth from your persp8Ctlve? Do you feel you are dSscrimlnated agalnst because of your falth or lack of It? How could your answers to these prompt8 translate creatlvely? What Is your vSslon for expresslng your responses? By holdlng thls event we have two goals. We Intend to honour the creatlvlty. Ingenulty and strength of women in the Arts and give them a stage Sn which to showcase thelr experlences, vlowpolnts and abilities through IWD 2025. Secondly, we aim to facilitate a dlalogue between Chrlstlans and non-christians and give our church the opportunity to respond to any mSsconceptlons, dlrect challenges and Indeed posslble discrimlnatlon almed at our falth. Thls outreach exhibitlon will also be hosting a week of female18d events through a series of talks and workshops (whlch Is stlll belng planned). The Rotary Club Monmouth has once again agreed to sponsor the Young Emerging Artist Prize of £100 through Iheir 'Empowering Girls Initialiv6' aimed at 11- to 22-year-olds. We are h)ping to dr8w from artists within our community and further afield. Berna Pullen 'Tuesday Coff••' Well. another year has passed and Tuesday Coffee Group have contlnued meetlng every Tuesday of the year (unofficially for the two weeks over the ChrfstmaslNew Year perlod). We are now at a new venue, following the sudden closure of 'The Malt House,. This saddened us all as we had been very happy Ihere. But we wish Steve and Liz all the best. Our new location is 'Cafe Nero,, Monnow Street, Monmouth, and as usual runs from 10.30 to 11.30 a.m. The staff have made us very welcome and are happy for 'Food for Thought. to take place. We thoroughly enjoy their drinks and tssty treals! Our numbers, on average, are 14 to 17, and we were pleased to welcome some new faces this year, including Adrian and Sue, Pete and Terri, Elalne, Jane and Christine and Jean. Some sad news is that two dear brothers, Ed H and Vic H, went to be wlth the Lord In February and November respectively. A loss for us but a blessing for them as they are now truly at home. Some ill health has touched many. but particular prayers go lo Mike M and Jean. We thank Bert, Mike E, Ken and until recently. Mike M, for their spiritual contributions, a blessing and encouragement to us all. We pray for God's continued blessing on our group as we aim to share, care and support each other. Fiona Beber Int•rnet Outreach The church needs to develop its onllne presence and use of social media. Jonathan has stepped back from the email-responding work with Ihe Billy Graham Evangelism Association due to time constraints. Ladlas, Bible Study The year started with two Ladies. Bible Study groups, on Tuesday mornings at Jo's house and Friday momings at Katie's, studying Isaiah, whlch was deep and exciting as well as hard and long. and we were grateful for Tim Chesterfs commentary to help us! We spent seven weeks before the summer holiday looking at Jonah. In September, the Friday group moved to the back room at church, led by Cal. and a new Thursday evenlng group started, led by Mand for those ladies who cannot make a daytime group. All groups have been sludying Acts using a mixture of The Good Book Company guide and Tim Kellerfs study notes. There are about 25 ladies who regularly attend one of these three groups and are grateful for support, honesty, generosity, love, challenge and laughter. All groups vmuld love more ladies lo attend if you would like to joln. A group of 15 ladies travelled to Lee Abbey al the end of September for a wonderful weekend of encouragement, conversation, teaching, walks..games, prayer and Joy. Jo Walker, Cat Barker and Amanda Endicott Men's Blble Breakfast Men's Breakfast continues to grow. often attracting 15 or more in person and online every week at 7.30 am in the Centenary Room. We have studied Matthew 8-11 (Building on the Finn Foundation of Jesus, teaching in the Sermon on the Mount), and also Acts 5-14 as the church's mission expanded. In the Autumn we looked into Ecclesiastes and his view of life and death "under the sun" and under God. Morgan has moved to North Wales. and his commltted help wlth setting up and making coffee has been missed, but Richard Coltart and his team do a first class breakfast- and we would warmly welcome newcomers to join us. David Adams Muslc Report There has been a gradual shlft of ernphasis since the pandemic confinement, which forced us to find more imaginative ways of worshipping together. Services are now available to watch onllne for those unable to come to church in person, and videos of the hymns and choruses. both self- made and downloaded from the internet. replace the tradltional piano or organ accompaniment to a certain extent. Over tlme there has been a steady shift in the congregation towards younger famllles with a more modem taste In muslc, whlch has led to the fomiation of contemporary io bands playlng guitars, drums and otr£r instruments. plus singers. wtk) are particularfy helpful when introducing hitherto unknown songs. There are now enough musicians to make up 2 complete worship bands which aim to lead the music approximately once a month. one led by Chris Walker and the other by the McLachlan family. although there is often an interchange be- tween the two groups, depending on who is available. They introduce us to new choruses as well as new arrangements of familiar traditional h￿nns. The traditional band comprising string. wirKI and brass instruments as well as piano tends to be called upon for special occasions such as Christmas and Easter, when students home for the holidays are able to join in. Ruth Owen Songs of Prais• This has remained steady with approximately 12 people attending, mostly from outside of the Church. and the support of Julia Phillips in providing refreshments each month. The group has grown slowly. and is of great benefit for friendship and refiection on the background and message of some of the most well-known hyTnns. Sports and Social Events We have introduced Pickleball to the fellowship. which is an all-age {U3A-approved) racket sport. which we are playing indoors. All are welcome to join us. Pickleball's unique selling point is that it can be leamed in minutes without extensive coaching. If you'd like to know more then please reach out to Sean Lawson. We have enjoyed other sporting and social events throughout the year. including Tennis. Badminton and RourKlers. Men's foolball, as an outreach, grows from strength to strength, and we now have a membership of 43 players (over 500A do not attend Monmouth Baptist Church), meeting weekly on a FrKlay at MonmoLrth Leisure Centre (it was fortnightly!). We are atways looking for new players, so rf you are interested in joining us, then please reach out lo JIM Barker or James Endicott. This year 12 of the men went to The Gathering festival. run by CVM {Christian Vision for Men). There was some fantastic worship, led by Graham Kendrick and his band. and tt was lovely for a group of men to spend lime together and vrforship, among 2000 men. The men retained the Walking Football trophy. We are exctted to report thai three of our group came forward and renewed their commitinents to Jesus. We will be there again next year (20th-22nd June 2025). More infomation available at: The Gatherin th atherin omien.com . Please speak lo Richard Coltart or James ErKlicott rf you would look more information on the event. We expect next yearfs event to be especially pO￿nant. as we will remember Steve Legg. friend of MBC, who passed away in September 2024. James Endlcott Monmouth and District Foodbank The Monmouth and District Foodbank has appointed a new manager this year. as Clare was moving away. Marbn Howlett is overseeing the management. The Foodbank has seen an increase In use and a decline in donations during the year. Funds mean food can be purchased, but a fresh focus on inviting suitable dorkqtion wll be tsking place in 2025. We continue to glve the income for the space rental to Christians Against Poverty. li Mlssion BMS World Mlsslon This year has seen a few changes and improvements within BMS. A new mission statement with the headings: Heart-Hope-and Help. Also an improved 'Engage' magazine, full of interesting updates and photos. helping us lo get to know individuals and families involved in mission work throughoLrt the world. In September 2024 MBC continued its af*%)ciation with the people of Nepal by welcoming two new BMS church partr)ers: Dil Karki and Krishna Bohora are b)th involved in. and are passionate about, education and making Jesus known in the country in which they live. We ask for God's blessing upon them ,their work and ￿1r families in the year ahead. It v￿$ good to hear from Joy Ransom. our previous church parlner in Nepal. She sent Christmas greetings to MBC saying she is enjoying her retiremenL but her thoughts are never far from Nepal arKI her work. Mike North (BMS Secretary) BMS World Misslon Birthday Scheme We were very thankful for our faithful members who give willingly and cheerfully every year to support the V￿rk of BMS World MissK)n by giving a donation at the tirne of Iheir birthdays. BMS regularly Info￿ us of their gratitude. arKI also that of the people who receive the support. They are thankful for our prayers arKI our financial gifts. and they keep us infornied of any projects or indivbduals that benefft from our gifts. It has been a quiet year and we ask G¢)d to contlnue to b1￿￿ this small but important work as we think about those throughout the world who receive rK)t onty practical help but who find out about the love of Jesus. Mike North (BMS BIrtt￿ay Card Scheme Coordinator) Operat5on Christmas Child We were once again a drop off KM)int for the Monmouth area and received 136 boxes in total. These were taken to the All Nations Centre in Cardiff for processirKJ before sending on to Cenlral Asia. A total of 20,357 boxes were pr￿essed from Cardiff - 20.357 children recelved a wonderful gift of God's love! Thanks to everyone who helped make this happen. z Simon Rural Mlssion The Church has a generous and sacrificial heart for the Rural comrnuntties, releasing Jonathan to support Norton and currently Moderdte at Ewyas Harold. as well as supporting mlnlstrles In various other Rural churches. The presen￿ of Christian communities and the possibility of offering opportunity for Christian witness is still important. Servlng Our Streets During 2024 SOS went thrO￿h a few changes. Morgan, who had been a helper. left and was greatly missed. l joined during the early summer after a lot of soul searching and prayer. Fay arKI Bill Sims, who have fatthfully lead SOS for over 30 years wanted to step back and asked rf I would take over the leadership of this very worthwhile outreach work. After some thought and again prayer l agreed to lead for a period of two years, until we can find someone younger. Most of us are in our mid-seventies to eighties except for one or two people on the team. We really do need younger volunteers to help go on a rota. We go out on a Saturday aftemoon every week, serving hot drinks ar￿ squash and biscuits at playgrounds arour¥J Monmouth. and we are usually g￿eted with great enthuslasm. Also, we tell the children 12 ladults about Jesus if they are willing to listen, and gfve out small wooden crosses with a verse on the back and suit8ble tracts. These are accepted gracefully and have slarted some great conversations. Cathy North Téarfund We continue to support Tearfund, which is vrforking In more than 50 counlries to break the cycle of poverty by partnering wlth, and trainlng. local churches to bring transformation to theSr communltles. Across Kenya, for example, the changing climate has been crippling farmlng communities. A relentless cycle of drought and flooding has pushed people even deeper into poverty. We leam of Hellen, a wldowed mother and grandmother who had dlfflculty feeding her children after losing almost all of her goat herd and her livelihood. She resorted to buming charcoal to sell, so she could feed the children. To help her community suniive, Tearfund's church partner responded quickly wfth emergency support. The provision of three goats helped Hellen to gel back on her feet. Early in the year MBC sent to Tearfund around £900 that had been raised in the previous year's Chrlstmas appeal. The quiz nlght in November was very successful, wlth Jonathan acting as qulzmaster and the evening ralsed £125 and a possible related glft of £50. The 2024 Chrfstmas appeal has ralsed £1,155, whlch wlll be sent off early In 2025. For every pound donated: 13p is allocated to 'Transforning Communities,, where local churches strive to re￿ase vthole communltles from extreme poverty; 35p to 'Crisis and Resilience,, where the emphasis is on making sure communities are prepared and ready for emergencles,. 16p to 'Environmental and Economic Sustainabilty,, where communities are helped to care for creation and get sustalnable Jobs; 11 p to 'Reconciled Peace-filled Societies,, promoling peace and reconciliation to enable communltles to thrive; 12p to Support costs; and 13p to fundraSslng. Coples of Tear Tlmes can generally be found In the foyer, and wlll fill you in on the countrfes Whe￿ Tearfund works and stoTies of people they help. Elalne Adams Pastoral Car• In one of the churches where I vrforked as a pastor, they had a Baptist Women Fellowship, BWG In short. In my e8rly days as a youngish pastor, I knew that I had to tread carefully in relating to these dear ladies. Every month 2 different ladles went out to vlslt the sick and the lonely and every month they presented a visitation report in very simple words. Last month our ladk8S did 16 visits and presented 12 bunches of flowers" If the number was low, there was a brief explanation why that was so. but If the number was high, everyone looked Impressed and pleased with what had been accomplished. At the beginning I was a bit cynlcal about these reports, but I leamed quickly that behind every visit and every bunch of flowers there was a lot of willingness, dedication, faithfulness and love! Those on the recelvlng end of these visits were mostly very grateful and appreclative for having been vlslted. To them it was proof that the church cared about every individual. 13 In Monmouth Baptisl Church making contact with those who need that is done even more behind the scenes. You will not get a report with numbers or any other detalls, but I know of the faithfulness of our visitation team. Mo Vandervelden, Julia Phillips and Fiona Beber. Their involvement is a great help to me. They provide regular contact with those who cannot come to church will infom me if they feel that an extra visit from me might be helpful. Pastor Jonathan is a great source of InfO￿atIOn and will infom the visitation team andlor myself thal this person and that person could do with a vlsit. But it is not Just the official visitors and the pastoral W￿rker vtho are responsible for providing care to those who need that. In a Christ centred church everyone should share in that responsibility. I know that there are those who are not part of a team, and yet they regularly reach out to those who need that. Such spontaneous service is a great encouragement and fulfils some of the 'one anotherf verses in Scripture. There are many, but here is just one.. "Finally, all of you, be lik&minded. be sympathetic. love one another, be compassionate and humble." A verse like that goes well beyond a visit from time to time. but taking time to reach out to one another can easily include sending a card, making a phone call or knocking on someone's door! A special thank you to all who have been involved in doing this in 2024. As we are entering 2025, let us be mindful thal pastoral care is something that we need lo do together. If you are aware that someone could do with a visit, let Mo and her team know and infonn me as well. Or if the Lord lays someone on your heart. it could just be that He is telling you to go and encourage that brother or sister in Chdst. May the Lord richly bless us as v setve Him together. Bert Weenink Safe uardin As a church we recognise that safeguardlng all chlldren, young people and vulnerable adults at risk is everyone's responsibility, and we take this seriously. We currently have over 50 individuals in church who hold a DBS certificate - thanks to our Deputy Designated Person for Safeguarding (DDPS) for her work in organising these and keeping things up to date wlth Due Diligence Checking. We have also heigmened visibility of our volunteers in Sunday Club by creating lanyards that clearly show who is on the Sunday Club team and what their role is. There is now a reglster as well to keep a record of children and volunteers in attendance, as well as an infonnation sheet for new visitors about what they can expect from Sunday Club and the key contact for safeguarding. Thanks to the DDPS for her work on Ihis. Safeguarding is a key agenda item at all of our Church Meetings. The DPS updated our safeguarding policy in May this year and has shared thls with all workers and the wider church. Any volunteers are expected to complete safeguarding training. The DPS also arranged for South Wales Baptist Association to host safeguarding training. both to train those In our church who have not undertaken any training yet and those who have previously done Level 1, 2 and 3 but need a refresh. The majority of our volunteers and all of our deacons and trustees completed this training. I would like to take thls opportunity to thank all those who help to ensure that children, young people and vulnerable adults at risk are as safe as possible in our church. Over the next year we want to continue to infuse a narrative of care. support and safeguarding into church life and encourage the church community to think about how safeguarding becomes embedded into the everyday cutture and language of the church. Emma Lawson - Designated Pefi8on for Safeguarding (DPS) 14 CHURCH GROUPS AND MINISTRIES DECEMBER 2024 Pastor Rev Jor￿than Greaves Associate Pastor Rev Bert Weenink Art Fringe Berna Pullen Audio-visual cO￿rdinat0rs Jeff Bowman, Slmon Beber Bible Reading Notes Fiona Beber BMS World Mi&sion Mike North BMS World Mission Birthday Scheme fvlike North Catering Coordinator Richard Coltart Christianty Explained Jonathan Greaves Church Administration Roger aTKI Rebecca Clewett Churches Together in Monmouth Jonathan Greaves. Ruth Bingle Cleaning 'Emma's Cleans. {outside company) Coffee Coordlnator Richard Coltart Communicalions arKI Publicity Jonathan Greaves and Ruth Bingle E-News Rebecca cle￿￿tt Eco£ommittee Hswel Pullen Evangelical Alliance Alan Cochran Finance Adminislrator Roger Clewett Fire, Health and Safety Dave Mullins First Aid boxes Alan Cochran Fk)wers Dave aThJ Beth Frederick Food Bank Mary HarTiS Footprints Jo Walker Intemet Edltor Ruth Blngle Intemet Evangelism {Billy Graham) Jonathan Greaves (tennirkgtiro 2024) 15 Kitchen Managemenl Richard Cottart Ladles Bible Study Jo Walker. Cat Barf(er, Amanda Endlcott, Helen Hopkins Llnks Youth Fellowshlp AmarKla ErKlicott, Olivla McLachlan Men's Ministy DavKI Adams Mlnutes Secretary Elizabeth Alderson Muslc Coordlnator Ruth (hven, Chris Walker Operation Christmas Chlld Liz Simon Overseas Mlsslon Prayer Communlcallons Helen Hopkins Pastoral Coordlnator Maureen Vandervelden Poslers Simon Beber Prayer Trlplets Helen Hopkins Pulpit Secretsry Elaine Adam8 Rotas Rlchard Coltart, Ellzabeth Alderson, Jo Walker Safeguardlng Emma Lawson, Jo Walker Schools, Mlnistry Jonathan Greaves 'Serving our Streets, Cc>ordinator Cathy North Songs of Pralse Jonathan Greaves. Davld Adams Sports and Social Actlville8 James Endlcott, Chrls Walker, JIM Barker Sunday Club Jo Walker Tearfund Elaine Adams Tuesday Coffee Flona Beber Whatsapp Adminlstrators Jonathan Greaves, Emma Lawson 16 FINANCIAL REVIEW OF 2024 To continue to comply with Charity Commission's financial reporting requirements the accounts for 2024 are presented in a different format from those of previous years due to the recelpt of an unusually large donation from outside the congregation during 2024, The format and content of these accounts are those requested by the Baptist Union of Great Britain for churches w5th recelpts exceedlng £250,000 In a year. To provide like for Ilke comparators for 2024 the figures for 2023 had to be re-calculated on the same basis as 2024's, so the figures shown for 2023 are nol generally what appeared in 2023's accounts. The Church does not seek funds to carry out its actlvltles from outslde Its own membershlp, congregatlon and users of its buildings. Exceptionally, in 2024 a large gift vrds received from someone with a family connection to the Church. The Church expresses its part in the life of the wlder Christian church by making grants to natlonal and Intematlonal Christian organisatlons, socletles and Indlvlduals with Christian alms and objectives compatible with the Church's own charitable purposes. The Church Is heavlly dependent on its congregatlon worklng as volunteers In all aspects of our actlvltles, many of whlch run with little or no Impact on the Church's expenditure but, nevertheless, contribute substantlally to the achievement of the Church's objectives and to the public benefit. The ftnanclal regutts for the year. together with 8 summary of the accountlng pollcles adopted, are set out In the accompanying financial statements. Income Sn 2024 was also largely In Ilne wSth the budget except for gtfts of £10,000 from withln the congregatlon and £120,000 from someone outslde of It. Expendlture In 2024 was also largely in line with the budget for the year, the maln exceptlons belng spendlng much less than bLKlgeted on the repairs noted Sn the 2023 qulnquennlal revlew of the bulldlngs, but much more than budgeted was spent on other bulldlng related Issues. In 2024 920A of the Church's income came from grfts and legacies (2023.. 90Yo). Glfts by standlng order fell by 1 % durlng 2024, However, because of the large glfts mentloned above one-off giving more than doubled in 2024. Net income, these are the Kords used to descrlbe the amount by whlch Sncome exceeded expendSture and depreciatlon, for 2024 was £93,033. In 2023 St was £14,842 calculated In the Same way. Durfng 2024 the Church's liability to finance the Baptist Union's defined benefit pension scheme ended following its assets and Ilabllltles belng laken on by an insurance company. Repairs to the Church buildlng and manse estlmated as costing about £220,000 over the years to 2028 remain outstanding. The trustees retalned thelr exlsting reserves pollcy of malntalnlng a worklng balance in each of the Church's funds of at least three months budgeted expenditure for the year. In total at the end of 2024 across all its funds the Church had reserves of £51,340 against a target of £39,480. Durfng 2024 up to date management accounts whlch compare outcomes agalnst the budget and 8 brief ￿ port on the Church fInan￿S were circulated and discussed at each of the trustees, meetings. these take place each month except in December. An abbreviated financial report was given to members at each of thelr flve meetlngs durfrffJ the year. 17 Money held for specific purposes Money in the Special Glft Fund. the Schools Work and Training Fund and the Assistance Fund is held for each of their purposes. There is money in the General Fund that the Church expects to use towards the repairs to the manse and Church building, as set OLrt In the 2023 quinquen- nial review of the Church's buildings. Inveslment po15cy The Church holds money in a way that it will be available to meet anticipated expenditure when payment becomes due. In addition to routine expenditure, the Church Is ready to support an additional minister and to pay for building repairs, this is achieved by investing in three month and one-year bonds wlth a bank. Reserves, money that might be needed at short noti￿, is held In a building society account and a non-interest bearing current account. Detsils of any funds matsrfally in deficlt Thpre are no funds in deficit. Exemptlons from dlsclosuro . There are no exemptions from dIsclosu￿. Funds held as a custodlan The church held £885 on behalf of the Welsh Borders Leaming Community. This is held in a Restricted fund. Clive trwggins 21 Apn'l 2025 18 MONMOUTH BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2024 I report to Ihe charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 19 to 27. R•8pon8lbllltl•8 and basss of r•p(vt As the charty's trustees you are responsible forthe preparatbon of the accourrts in accordance with the requirements of the Charit*s Aci 2011 {Ihe Act.). I report in respect of my examination of the charity's arxounts carried out under section 145 of the Act and In carylng Out my examination I have folk)wed all the applicable Directlons glven by the Charity Commission under section 145(5Kb) of the ACL Inde￿ndont •xamlnérf• 8lal•m•nt Slnce the ¢harlty's gross Income exceeded £250.000 your examlner must be a member of a body Ilsted In sectlon 145 of ￿ Act. I confim that l am qualified to undertake the examlnatlon because l am a member of Institute of Chartered Accountants, which'is one of Ihe listed bodie8. I have completed ry examlnatlon. I confirni that no materlal matters have come to my attention In connection wlth the exarnlnatSon givlng me cause to believe that In any rnaterlal respect: accountlng records were nol kept In respect of the charlty as requlred by sectlon 130 of the Act., or 2, the accounts do not accord wlth those records. 3. the accounts do not compty with ihe applicable requirements concerning the forni and content of accounts set out in the Charlties (Acwunts and Reports) Regulations 2008 other than any requirement that the accounts give 8 1rue and fair view. which18 not a matter considered as part of an irKlependent examination. I have no concerns and have come across no Other matters in ¢onnedSon wlth the examlnatlon lo which attention should be drawn In thts report In order to enable a proper understanding of the accounts to be reached. Joanna Roderfck ACA WJ James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG o3.lo61.202S 19 MONMOUTH BAPTIST CHURCH Registered Charity number 1180772 STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 Note Unrestrlrted Restrlcted Funds Funds Total for 2024 Totsl for 2023 as restated Incorne from Glfts and Legacies Investment Income Charltable Attivities Trading Activitie5 Total Income £246,670 £9,699 £703 £10,721 £267,793 £477 £184 £0 £0 £661 £247,147 £9,883 £703 £10.721 £268,454 £163,474 £5,650 £1,312 £12,171 £182,607 Expenditure Charitable Activlties Total Expendlture 6t09 £174,257 £174,257 £1,164 £1,164 £175,421 £175,421 £167,765 £167,765 Net Income/ (Expendlture) for the year £93,536 (£5031 £93,033 £14,842 Transfer between funds io £0 £0 £0 £0 Net Movement In Funds £93,536 (£503) £93,033 £14,842 Reconclllatlon of Funds Total Funds Brought Forward Total Funds carrled forward £481,805 £575,341 £4.781 £4,278 £486,586 £579,619 £471,744 £486,586 20 BALANCE SHEErs Notes 31 December 2024 31 December 2023 as r ated Flxed Assets Tangible Fixed Assets 12 £276,862 £285,819 Current Assets Debtors Bank & Building Soclety 13 14 £13,690 £297,791 £311,481 £12,026 £192,930 £204,956 Current Uabllltles Credltors.. amounts fallin8 due wlthln one year 15 £8,724) (£4,177 Net Current Assets £302,757 £200,779 Total Assets less current Ilabilltles £579.619 £486,598 Net Assets excludlng penslon Ilablllty £579,619 £486,598 Deflned beneflt penslon $¢h¢rne Ilablllty £0 {£121 Total net assets 16 £579,619 £486,586 Charlty Funds Unrestrlcted Restricted Total Charlty Funds 17 18 £575,341 £4,278 £481,805 £4,781 £579,619 £486,586 The notes on page5 21 to 27 form an Snte8ral part of these financlal statements. These accounts were approved by the trustees o and signed on thelr behalf bv,. Signatures Full names Position onathan David Greaves Pastor Clive Graham Treasurer ins 21 NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2024 l. Actountlng polldes . Basls of preparati( These accounts have been prepared in accordance with the Accountlng Regulations set out under The Charities Act 2011, and with the Charities Statement of Recommended Practice FRS102 20191"Charities SORP FRS102"). These accounts have been produced on a going concern basis as agreed by the trustees. b. Glfts Gifts to the church are recognised when they are recelved. The income tax recoverable on Gfft Aided donations is recognised at the same time as the &'ft is reco8nised. G Legades Le8acie5 are accounted for when they are received. d. Investment income The investment income is only interest, it is included in the accounts as It Is accrued. e. Grants received These grants are recognised when they are recelved. The grants recelved in 2023 were £1,900 to support an art exhibltion of images of women in the Bible and £250 for a child and carer group. f. Grants payable The church makes grants to other organisations whose charitable objectfves complement Its work. Grants are accounted for when they are paid over. g. Allocatlon of expendlture between actlvlt5es Expendlture cate8ories were each designated as Ministry. Mission. Establishment or Support Costs with the exception of those related to the pay of employees. Those pay related expenditures were split between Ministry, Mission, Establishment based on approximate time expended on each. h. Support costs Support Costs are consldered to be wholly attributable to the Establishment actlvtty. l. Flxed a￿ets The church premises manse and Wyesham Hall are all stated at cost. The church Is the beneficial owner (subject to relevant trusts) of these assets, the legal title to which 15 held by the church's custodian trustee. the Baptist Union Corporation Ltd. These assets are shown at thelr net book value on the relevant date. Depreciation has been charged on the original cost of the church buildin& major assets in it, and on the manse. Subsequent major building improvement expenditure is included at cost less accumulated depreciation. A55ets are capitalised where the cost of the asset is £IO.IXIO or more. 22 Depreciation is calculated to write off the cost down to zero on a straSght-Ilne basls over the expected useful life of the asset at the following rates: Brick and stone buildings and the organ: Wooden buildings Lift. furniture and internal decoration: Computers and audio-visual equlpment: over 100 years over 50 years over 20 years over 10 years io% J. Debtors The amount shown as owed to the church is the full amount owed plus the proportion of goods and Services that had been pre-paid for at the year end. k. Credltors The amount shown as owed by the church is the full amounts the church owes plus the proportion of amounts paid for goods and services but not yet provided at the year end. l. Flnandal Instruments Financlal instruments are the bank and building society deposlts shown on the balance sheet and fixed term bonds which are with a different bank. Other financlal liabilities are trade creditors and accruals resulting from ordinary activities. All fjnanclal Instruments are payable or receivable within one year and therefore measured at the undiscounted amount of cash or consideration expected to be pald or received. There are no expenses related to these financlal assets and liabilities. m. Penslons Share of the Baptlst Pension Scheme Deficit The Church 15 a participating employer In the Baptist Pension Scheme I'the Scheme"}, which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited}, The assets of the Scheme are held separatelyfrom those of this and other partlclpatln8 employers. The Scheme, prevlously known as the Baptist Ministers, Pension Fund, started sn 1925, but was closed to future accrual of defined benefrts on 31 December 2011. Prior to this date the main benefit provided through the Defined Benefrt IDBI Plan was a pension of one eightleth of final mlnlmum penslonable Income for each year of pensionable service together with additlonal penslon in respect of premiums paid on Pensionable Income in excess of Minimum Penslonable Income. Since l January 2012, benefits have been provided through a Defined Contribution {DC) Plan. On 30th June 2022 the Baptist Pension Scheme slgned an a8reement with the insurance companyjust Group I"Just"I to secure the DB members. penslon benefits. Just are now providing financial backlng for all pensions provided through the Scheme's DB Plan and following this transaction the Scheme no longer has a shortfall. An updated Recovery plan was then signed in August 2022 under whlch recovery contributions from each partlclpatin8 employer in the DB Plan reduced to £1 per month from August 2022 until they ended wlth the payment in October 2024. Pension contrlbutlons were reco8ni5ed a5 an expense, in 2024 they were £5,78612023: £5,716). 23 n. Funds The Flxed Asset Fund consists of the fixed assets of the church. Unrestricted funds consist of the General Fund which represents funds that are not subjett to any restrictions regarding their use and are available for the general purposes of the church and the Fixed Asset5 Fund. Designated funds are funds that have been designated by the trustees for particular purposes. For these funds the trustees reflect the non-binding wishes of donors in deciding the specific purposes. Restricted funds are funds that can only be used in a way that reflects the binding wishes of the donor. 2. Glfts* grants recelved and legacies Unrestrlcled Restricled Funds Funds Total for 2024 Total for 2023 as restated £69,974 £73,933 £17,417 £2,150 £0 £163,474 Re8ular gifts to the Church by standing order Other 8ift5 to the Church excludin8 legaaes Tax refunds Grants recelved Legacies Total {as in the SOFA) £69,048 £154,850 £18.772 £0 £4,000 £L46,670 £0 £69,048 £420 £155,270 £57 £18,829 £0 £0 £0 £4,000 £477 £247,147 3. Investment Income Unrestrfrted Restrirted Funds Funds Totsl for 2024 Total for 2023 as restated £1,995 £937 £2,718 £5,650 Bank Interest Building Soclety Interest Interest on short-term bonds Total las in SOFA) £0 £1,313 £8,386 £9,699 £0 £184 £0 £184 £0 £1,497 £8,386 £9,883 4. Income from Charitable Acllvltles Unrestrlrted Restrlcted Total for Funds Funds 2024 Total for 2023 as restated £1,312 Child and carer 8roup and Moderation at Evryas Harold £703 £0 £703 5. Income from Tradlng Unrestrlrted Restrlcted Funds Funds Total for 2024 Total for 2023 as restated £12,171 Income from lettlng the church'5 premises £10.721 £0 £10.721 24 6. Expendlture on Charttable Actlvltles Unrestrirted Restricted Funds Funds Total for 2024 Total for 2023 as restated £36,268 £70,954 £60,543 £167,765 Mlnistry Mission Establlshment £34,245 £78,433 £61,579 £174,257 £1,164 £0 £0 £1,164 £35.409 £78,433 £61,579 £175,421 The thurch does not incur fundraisin8 CQSt5. 7. Support costs Unrestrlrted Restrlrted Funds Funds Total for 2024 Total for 2023 as restated £2,137 £1,448 £532 £175 £718 £193 £252 £20 £658 £0 £6,133 Cleaning Subscriptlons and licences Photocopying Website Telephone and postage Bank charges Independent examlnatlon of accounts Non-employee Training Envlronmental Health and Safety DBS for an employee £1,804 £1,863 £622 £193 £572 £203 £264 £646 £0 £38 £6,205 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £1,804 £1,863 £622 £193 £572 £203 £264 £646 £0 £38 £6,205 & Total Expendlture Actlvltles Grant fund- Support undertaken ing of artiV• directly ities £35,409 £55,009 £55,374 £145.792 Total for 2024 Total for 2023 as restated £36,268 £70,954 £60,543 £167,765 Mlnlstry Mission Establishment £0 £23,424 £0 £23,424 £0 £35,409 £0 £78,433 £6,205 £61,579 £6.205 £175,421 25 9. Grant Funding Unrestrlcted Restricted Funds Funds Total for 2024 Total for 2023 as restated £5,300 £6,942 £2,600 £1,700 £500 £1,000 £0 £0 £0 £0 £425 £18,467 Baptlst Home MSsslon BMS World Mlsslon Minlstry In Brittany ChrSstians Agalnst Povertv People Internatlonal Mlnlstry in Moldova Grain of Wheat European Mlsslonary Fellowshlp Prlnceton Angllcan Church, Newjersey, USA Tearfund Grants of less than £150 each Total £6,000 £7,313 £2,600 £1,700 £1,000 £1,125 £1,123 £500 £1,000 £963 £100 £23,424 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £6,000 £7,313 £2,600 £1,700 £1,000 £1,125 £1,123 £500 £1,000 £963 £100 £23,424 10. Trdnsfers between fvnds None In 2024. In 2023 £1,308 from the General Fund Iunrestrlctedl to the Asslstance Fund (Restrlcted). 11. Staff Costs Total for 2024 Total for 2023 as restated £65,441 £319 £5,716 £2,116 £73,592 Salarles Social Securlty costs Penslon costs Manse energy costs that are not consldered as expenses £63,285 £672 £5,786 £2,987 £72,730 The average number of employees during the year wa5 2.8, thelr hours made them the equlvalent of 2.0 full-tlme employees {2023: 3.0 and 2.2 respectlvely). No employee recelved emoluments In excess of £60,000 durln8the year. Two of the trustees, Jonathan Greaves and Bert Weenlnk, were employees of the church during 2024. Rev Greaves, remuneration was a salary of £39,009 and pension contrlbutions of £4,885.12023: £36,146 and £4,616 respectlvelyl. Rev Weenink's remuneration after he became a trustee in November 2024 was £1,249, no pension contributions were made. No other trustee5 received any remuneration or expenses. 26 12. Tanglble Flxed Assets Churth premlses Manse Wyesham Furnlture Computers Hall and and flttlngs equipment Total Valuation At l January 2024 Addition5 At 31 December 2024 £372,600 £0 £372,600 £5,770 £0 £5,770 £535 £0 £535 £15,000 £0 £15,000 £65,325 £0 £65,325 £459,230 £0 £459,230 Depreciation At l January 2024 Depreciation during 2024 At 31 December 2024 £128,695 £2.900 £131,595 £3,923 £54 £3,977 £500 £0 £500 £12,000 £750 £12,750 £28,293 £5,253 £33,546 £173,411 £8,957 £182,368 Net Book Value At l January 2024 At 31 December 2024 £243,905 £241,005 £1.847 £1,793 £35 £35 £3,000 £2,250 £37.032 £31,779 £285.819 £276,862 13. Debtors Total for 2024 Total for 2023 as restated £3,639 £2,909 £3,504 £1,974 £12,026 HMRC Gift Ald Income tax refund due Accrued Interest Insurance premiums paid in advance Other items each of less than £1,000 Total £3,879 £4,458 £3,591 £1,762 £13,690 14. Balances wlth banks and a bulldlng soclety Total for 2024 Total for 2023 as restated £8.430 £55,000 £129,500 £192,930 Bank current account Buildin8 society account Flxed Term Bonds with a bank £4,155 £48.000 £245,6J6 £297,791 15. Credltors: Amounts Falling Due Within One Year Total lor 2024 Total for 2023 as restated £2,739 Income tax and Employee's National Insurance contributions due to HMRC In the followin8January Utility bllls Other accruals for future payments each of less than £1,000 £4,599 £2,059 £2,066 £51)0 £938 £8,724 £4,177 27 16. Analysls of Nel Assets Flxed assets Current assets £307,203 £4,278 £311,481 Current Ilabllltles (£8,724) £0 (£8,724 Total at 31.12.2024 £575,341 £4,278 £579,619 Unrestritted funds Restricted funds Total, all fund5 £276,862 £0 £276,862 17. Unrestrlrted Funds Fund at 1.1.2024 as restated £58,465 £255,654 (£133,847) £285,819 £0 {£8,957) Income Expendlture Net Income/ Transfers Fund at lexpendlturel to/{from) 31.12.2024 General Fund Flxed Assets Fund Deslgnated Funds: Special Glft Fund Schoo15 Work and Tralnlng Fund Total £121,807 (£8,957) £0 £180,272 £0 £276,862 £129,985 £7,536 £5,613 £6,526 1£27,4691 {£3,9841 {£21,856) £2,542 £0 £108,129 £0 £10,078 £481,805 £267,793 {£174,2571 £93,536 £0 £575,341 General Fund: Thls Is used for the dayto day Income and expendlture of the church. Flxed Assets Fund: Thls contalns the net book value of fixed assets. Speclal Glft Fund: Thls contalns money 81ven to pay for an addltlonal mlnlster or church worker. That part of the glfts made to thls fund to payfor the renewal of audlo-vSsual equlpment have now been spent. Schools Work and Tralnlng Fund.. Thls fund Is used for speclfically Christlan work In schools In the wlder Monmouth area. 18. Restrlcted Fund$ Fund at 1.1.2024 As restated £3.869 £912 In¢ome Expendlture Net Income/ Transfers Fund at (expendlture) to/(from) 31.12.2024 Asslstance Fund Welsh 8orders Learn- ing Communlty Fund Total £623 £38 {£1,164) £0 (£5411 £38 £0 £0 £3,328 £950 £4,781 £661 {£1,164) 1£503} £0 £4,278 Asslstance Fund: This fund is available as needed wlthln the fellowshlp on a confidentlal ba51s as determlned by our pastors. Welsh Borders Learnlng Communlty Fund: Thls fund holds money on behalf of that entity, It is available to retum to it on request.